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Pou Chen Group Streamlines the Consolidation of Financial Data From 100 Subsidiaries

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Executive Summary

Pou Chen Group wanted to consolidate financial information across more than 100 subsidiaries into a single financial statement and reduce the time taken to produce the consolidated report to ensure information reaches senior managers in a timely manner. The challenge was to avoid the use of external accountants to consolidate data and lower the incidence of errors resulting from complicated accounting procedures and manual consolidation. Pou Chen Group engaged Oracle Certified Advantage Partner Sysage Technology to implement a corporate finance system based on Hyperion Financial Management and Hyperion Interactive Reporting as well as strengthened management as a result of gaining a single, integrated view of financial activities across the organization.

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